TYSONS CORNER, VA-MicroStrategy has announced it will relocate its headquarters this week to a nearby building in Tysons Corner. The company is leasing more than 166,000 square feet of space at 1850 Towers Crescent Plaza.
The company cites its growth as a factor in the move: it has added hundreds of employees worldwide this year and has hundreds of openings that it plans to fill over the next 12 months. The new headquarters building will allow the company to expand its customer education programs with a 5,800 square foot training center.
Developed by Quadrangle, the 13-story, 295,000-square-foot building is one of the few new properties to deliver in this submarket. The asset is the fourth and final office planned for the Towers Crescent mixed-use development, which includes 8000 Towers Crescent Dr., home of the Tower Club. The newest property will also connect to the Tysons Corner Center shopping mall and the Metrorail station at Route 123.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
